May 09, 2014
A California federal judge on Friday granted preliminary approval to Wells Fargo & Co.'s $67 million plan to exit a derivative stockholder suit accusing the giant's directors of concealing their alleged lack of cooperation in a federal probe over the bank's "robosigning" foreclosure practices.
February 14, 2012
A California federal judge said Thursday that investors in a derivative suit against Wells Fargo & Co. had sufficiently claimed that the mortgage lending giant's directors had concealed their alleged lack of cooperation in a federal probe over the bank's foreclosure practices.